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DJD vs. FDVV
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between DJD and FDVV is 0.83, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.00.8

Performance

DJD vs. FDVV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Dow Jones Industrial Average Dividend ETF (DJD) and Fidelity High Dividend ETF (FDVV). The values are adjusted to include any dividend payments, if applicable.

0.00%5.00%10.00%15.00%JulyAugustSeptemberOctoberNovemberDecember
8.09%
5.88%
DJD
FDVV

Key characteristics

Sharpe Ratio

DJD:

1.28

FDVV:

1.97

Sortino Ratio

DJD:

1.95

FDVV:

2.68

Omega Ratio

DJD:

1.24

FDVV:

1.36

Calmar Ratio

DJD:

2.30

FDVV:

3.60

Martin Ratio

DJD:

7.40

FDVV:

15.03

Ulcer Index

DJD:

1.92%

FDVV:

1.35%

Daily Std Dev

DJD:

11.07%

FDVV:

10.33%

Max Drawdown

DJD:

-34.66%

FDVV:

-40.25%

Current Drawdown

DJD:

-6.18%

FDVV:

-5.64%

Returns By Period

In the year-to-date period, DJD achieves a 13.17% return, which is significantly lower than FDVV's 19.95% return.


DJD

YTD

13.17%

1M

-2.22%

6M

8.09%

1Y

15.81%

5Y*

8.76%

10Y*

N/A

FDVV

YTD

19.95%

1M

-4.13%

6M

5.88%

1Y

21.94%

5Y*

12.65%

10Y*

N/A

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


DJD vs. FDVV - Expense Ratio Comparison

DJD has a 0.07% expense ratio, which is lower than FDVV's 0.29% expense ratio.


FDVV
Fidelity High Dividend ETF
Expense ratio chart for FDVV: current value at 0.29% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.29%
Expense ratio chart for DJD: current value at 0.07% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.07%

Risk-Adjusted Performance

DJD vs. FDVV - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Dow Jones Industrial Average Dividend ETF (DJD) and Fidelity High Dividend ETF (FDVV). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratio
The chart of Sharpe ratio for DJD, currently valued at 1.28, compared to the broader market0.002.004.001.281.97
The chart of Sortino ratio for DJD, currently valued at 1.95, compared to the broader market-2.000.002.004.006.008.0010.001.952.68
The chart of Omega ratio for DJD, currently valued at 1.24, compared to the broader market0.501.001.502.002.503.001.241.36
The chart of Calmar ratio for DJD, currently valued at 2.30, compared to the broader market0.005.0010.0015.002.303.60
The chart of Martin ratio for DJD, currently valued at 7.40, compared to the broader market0.0020.0040.0060.0080.00100.007.4015.03
DJD
FDVV

The current DJD Sharpe Ratio is 1.28, which is lower than the FDVV Sharpe Ratio of 1.97. The chart below compares the historical Sharpe Ratios of DJD and FDVV, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.503.003.504.00JulyAugustSeptemberOctoberNovemberDecember
1.28
1.97
DJD
FDVV

Dividends

DJD vs. FDVV - Dividend Comparison

DJD's dividend yield for the trailing twelve months is around 2.30%, more than FDVV's 2.00% yield.


TTM202320222021202020192018201720162015
DJD
Invesco Dow Jones Industrial Average Dividend ETF
2.30%3.49%3.16%2.82%3.47%2.80%2.66%3.26%3.65%0.16%
FDVV
Fidelity High Dividend ETF
2.00%3.77%3.44%2.70%3.19%3.93%4.05%3.63%1.04%0.00%

Drawdowns

DJD vs. FDVV - Drawdown Comparison

The maximum DJD drawdown since its inception was -34.66%, smaller than the maximum FDVV drawdown of -40.25%. Use the drawdown chart below to compare losses from any high point for DJD and FDVV. For additional features, visit the drawdowns tool.


-6.00%-5.00%-4.00%-3.00%-2.00%-1.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-6.18%
-5.64%
DJD
FDVV

Volatility

DJD vs. FDVV - Volatility Comparison

Invesco Dow Jones Industrial Average Dividend ETF (DJD) has a higher volatility of 3.28% compared to Fidelity High Dividend ETF (FDVV) at 2.99%. This indicates that DJD's price experiences larger fluctuations and is considered to be riskier than FDVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%2.00%3.00%4.00%5.00%JulyAugustSeptemberOctoberNovemberDecember
3.28%
2.99%
DJD
FDVV
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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